Bitcoin (CURRENCY: BTC) sold 3.5% against the dollar during the 1-day period ending at 20:00 PM Eastern on 29 December. During the last week, Bitcoin traded 1% more against the dollar. A Bitcoin currency can currently be purchased for around $ 3,602.40 on popular cryptocurrency exchanges, including Liquid, Trade By Trade, ChaoEX and GOPAX. Bitcoin has a total market cap of $ 63.01 billion and about $ 5.14 billion bit of Bitcoin has been traded on the stock exchange on the last day.

Here's how other cryptocurrencies performed during the last day:

Bitcoin Cash (BCH) fell 4.8% against the dollar and is now trading at $ 124.08 or 0.03445723 BTC.

Steem (STEEM) gained 4.6% against the dollar and now trades at $ 0.41 or 0.00011267 BTC.

Unobtanium (UNO) fell 6.8% against the dollar and is now trading at $ 74.64 or 0.02073775 BTC.

Namecoin (NMC) sold 4% less than the dollar and now trades at $ 0.72 or 0.00019921 BTC.

Counterparty (XCP) traded 5.1% down on the dollar and now trading at $ 2.20 or 0.00061019 BTC.

Crown (CRW) fell 9.6% against the dollar and is now trading at $ 0.11 or 0.00003085 BTC.

CHIPS (CHIPS) reported a 27.6% decline against the dollar and is now trading at $ 0.0433 or 0.00001202 BTC.

Terracoin (TRC) sold 7.3% against the dollar and is now trading at $ 0.0191 or 0.00000529 BTC.

ATBCoin (ATB) sold 3.2% less than the dollar and now trades at $ 0.0086 or 0.00000239 BTC.

UnbreakableCoin (UNB) is trading lower against the dollar and is now trading at $ 0.11 or 0.00001757 BTC.

Bitcoin profile

BTC is a demonstrative currency (PoW) that uses the SHA-256 hash algorithm. It was launched on January 3, 2009. The total Bitcoin offer is 17,492,462 coins. The official bulletin board for Bitcoin is bitcointalk.org. The official Twitter account of Bitcoin is @bitcoin and his Facebook page is accessible here. The official Bitcoin website is bitcoin.org. The Reddit community for Bitcoin is / r / bitcoin and the currency Github account can be viewed here.

According to CryptoCompare, "Baldi – chain of blocks" The chain of blocks is a shared public ledger on which the entire Bitcoin network is based All of the confirmed transactions are included in the chain of blocks In this way, Bitcoin portfolios can calculate their spendable balance and new transactions can be verified to spend bitcoins that are actually owned by the spender.The integrity and chronological order of the block chain are applied with encryption Transactions: private keys A transaction is a transfer of value between the Bitcoin portfolios that are included in the chain of blocks.The Bitcoin portfolios keep a secret data called private key or seed, which is used to sign transactions, providing a mathematical proof that come from the portfolio owner. The signature also prevents the transaction from being changed by anyone once it has been issued sations are transmitted between users and usually begin to be confirmed by the network within the next 10 minutes, through a process called mining. Processing – Mining is a distributed consensus system that is used to confirm pending transactions by including them in the chain of blocks. It performs a chronological order in the block chain, protects the neutrality of the network and allows different computers to agree on the state of the system. To be confirmed, the transactions must be packaged in a block that is adapted to very strict cryptographic rules that will be verified by the network. These rules prevent the previous blocks from being modified because doing so would invalidate all subsequent blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the chain of blocks. In this way, no individual can control what is included in the block chain or replace parts of the block chain to restore his expenses. "

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